Director of Investment Operations

The New York Public Library

Director of Investment Operations at NYPL overseeing the $1.9 billion endowment investment program. Responsible for investment operations, documentation, reporting, and vendor management.

Posted 5/15/2026full-timeNew York City • New York • 🇺🇸 United StatesLead💰 $225,000 - $250,000 per yearWebsite

About the role

Key responsibilities & impact

Delivering performance and risk reporting across the portfolio
Executing investment operations, including subscriptions, capital calls, and cash management
Managing document and data infrastructure for the portfolio
Coordinating the annual audit and tax process with NYPL’s internal finance teams
Identifying, piloting, and operationalizing AI tools across Investment Office workflows
Serving as the point-person for the Investment Team across departments, including Finance, Technology, and Procurement
Managing relationships with external vendors and service providers
Prepare monthly and quarterly performance reports for the CIO and Investment Committee, including portfolio attribution, risk metrics, and benchmark comparisons
Process capital calls, subscriptions, redemptions, and in-kind distributions, coordinating cash movements with the internal finance team
Prepare and manage subscription documents, side letters, and investment office contracts through execution
Oversee operational due diligence on prospective managers and ongoing monitoring of existing managers, tracking material changes to fund structure, personnel, or service providers
Manage the onboarding, implementation, and ongoing maintenance of portfolio management systems in coordination with internal technology and purchasing teams
Manage other related projects as directed by the Chief Investment Officer

Requirements

What you’ll need

Bachelor’s Degree in Finance, Economics, Accounting, or a related field
7+ years of work experience in operations in an institutional investment office, endowment, foundation, OCIO, or fund administrator
Detail-oriented with strong analytical and quantitative capabilities
Strong project management skills; able to manage multiple complex long and short-term projects in a dynamic, demanding environment
Solid understanding of investment strategies, asset classes, and financial markets
High degree of comfort with and interest in systems and applications relevant to investment operations, trading, reporting, and risk management
Self-motivated and directed, with the ability to work independently in a lean team environment
Experience with or demonstrated interest in applying AI tools to investment operations workflows — including data aggregation, reporting automation, or portfolio analytics — and an ability to evaluate emerging technologies for practical application in an institutional investment context
Familiarity with Dynamo, Solovis, and/or FactSet

Benefits

Comp & perks

Bonus: This role includes a competitive annual performance-based bonus, commensurate with experience and both individual and organizational performance.
All team members are expected and encouraged to embody the NYPL Core Values: Be Helpful to patrons and colleagues, Be Resourceful in solving problems, Be Curious in all aspects of your work, Be Welcoming and Inclusive
Office setting
Non-Union
Exempt

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Hard Skills & Tools

performance reportingrisk reportinginvestment operationscapital callscash managementportfolio managementoperational due diligencedata aggregationreporting automationportfolio analytics

Soft Skills

detail-orientedanalytical capabilitiesquantitative capabilitiesproject managementself-motivatedindependent workrelationship managementcommunicationcoordinationorganizational skills